I cited the fiduciary duty which is a widely recognized standard for the practice of running a company. What standard are you alluding to, exactly, when you say

I cited the fiduciary duty which is a widely recognized standard for the practice of running a company. What standard are you alluding to, exactly, when you say the CEO is "entirely responsible" for everything that happens within the walls of their company? Are you just making an arbitrary assertion? Who exactly does the CEO need to answer to for these kinds of employee misconduct?